Massage & Tanning Center For Sale
Location:
United States
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California
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Northern California - Bay Area
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San Francisco
Industry: Hair and Beauty > Tanning Salons
Business Summary
This San Francisco massage center and indoor tanning business for sale is a highly successfully absentee owned enterprise that have been a neighborhood favorite for over two decades. This business has established a diversified revenue stream to buffer it against the cycles of client preferences, while creating a business model capable of being rolled out nationwide. This salon provides either the working owner, or the absentee investor the opportunity to own a turn-key enterprise that has had all of the kinks worked out, boasts a seasoned staff, and continues to flourish from a loyal local client base that enjoy frequenting this 'feel-good' business. Asking Price $195,000.
This business operates from a coveted neighborhood location. The business occupies 1,000 square foot, with a lease with over 5 years remaining and an option to renew. All of the salon's furniture, fixtures and equipment are included in the sale.
San Francisco is a popular massage therapy market largely due to the fact that its populace is familiar with the holistic benefits of massage therapy. As such, there certainly is competition however this established location has such an established loyal neighborhood client base that it will be difficult to new industry entrants to compete on the massage front or with the complementary indoor tanning segment of the business.
This combination massage therapy center and indoor tanning salon has an established business model that has allowed it to prosper for decades. As such, new owner will not need to reinvent the wheel. Rather, new owners (who will ideally be a full-time owner operator) should focus on engaging in an aggressive marketing campaign, continuing to improve the customer service offering, and achieving the higher average dollar sale per customer possible.
Financials
Asking Price Range: < $250K
Gross Revenues:
$500,000
Cash Flow:
$146,943
Cash Flow Type: Sellers Discretionary Cash
Inventory: $500
Seller Financing: No
About The Business
Year Established: 1995
Number of Employees: 6 - 9
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: 2 weeks at 20 hours / week.
Reason For Selling: Personal.
Click on the "I'm Interested" button above for more information on this Hair and Beauty > Tanning Salons business for sale.
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Print Listing Id: 700111287
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